Overview
Are you looking to save money on your electricity bills and contribute to a greener environment in Little Falls, New Jersey? Installing solar panels on your home could be the solution you’ve been seeking. In this article, we will discuss the financial benefits of going solar in this region, using weather data and electricity costs to demonstrate how quickly you can recoup the initial investment in a solar system. By the end, you’ll see why going solar is not only good for the planet, but also for your wallet.
Little Falls New Jersey Weather Trends
Little Falls Precipitation
With 69.76 inches of precipitation in the last year, Little Falls, New Jersey, receives more rainfall than 88% of the country and 71% of the state. Compared to the national average of 50.61 inches, and New Jersey’s average of 65.31 inches, this abundance of precipitation provides ample opportunity to harness the power of solar energy.
Little Falls’s UV Rating
Little Falls enjoys an average UV rating of 4, placing it higher than 45% of the nation and 40% of New Jersey. While the national average is 4.29 and New Jersey’s is 4.04, the moderate UV levels in Little Falls make it an ideal location for solar panel installations. Additionally, with an average max UV rating of 4.28, Little Falls offers consistent sunlight for efficient energy production.
Little Falls’s Cloud Cover
Little Falls experiences an average cloud cover of 46%, positioning it above 57% of the nation and 47% of New Jersey. With 105 days of low cloud cover, 104 days of moderate cover, 74 days of higher cover, and 81 days of mostly cloudy skies, there are plenty of opportunities to harness sunlight for solar energy production in Little Falls.
Little Falls New Jersey Electricity Costs
Residents of Little Falls pay approximately $0.17 per kilowatt-hour for electricity, which is higher than 96% of the nation and 73% of New Jersey. In comparison, the national average for residential electricity is $0.13/kw, and New Jersey’s average is $0.16/kw. By investing in solar panels, homeowners in Little Falls can significantly reduce their electricity costs and take advantage of the abundant sunlight the region receives.
When could you expect to break even on a solar installation in Little Falls New Jersey?
Considering the weather and electricity costs in Little Falls, New Jersey, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Little Falls gets more precipitation than the national average, but it’s still sunny enough for solar panels to work effectively.
- The UV ratings are slightly lower than the national average, but they’re still good for generating solar power.
- Cloud cover is about average for the country, with some variation throughout the year.
Now, let’s consider the electricity costs:
- Residents in Little Falls pay more for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The system generates electricity, which means we don’t need to buy as much from the grid.
- With Little Falls’ higher electricity rates, the savings are even greater.
After crunching the numbers, it looks like it would take around 5 years to cover the initial cost of the solar panels. That means, after 5 years, the money you save on electricity bills will start to add up and pay off the investment. And remember, solar panels last for a long time, so after that initial period, you’ll be enjoying those savings for many years to come. It’s a smart way to save money and help the environment at the same time!
Investing in solar power in Little Falls New Jersey
Installing solar panels in Little Falls, New Jersey, is a smart investment that not only benefits the environment but also your wallet. With the region’s abundance of sunlight and relatively high electricity costs, the payback period for a solar system is around 5 years. After that initial investment is recouped, you can enjoy savings on electricity bills for many years to come. Going solar in Little Falls is an excellent choice for those looking to save money and contribute to a greener future.